Raymond James’s Hans Mosesmann reiterates an Outperform rating on the stock, and likewise thinks that even a lower rate of adoption for the consoles can produce a substantial amount of upside for the company,
The announcement heartened several bulls on the shares, given what is expected to be a steady revenue stream over several years.
Jefferies & Co.’s Mark Lipacis today reiterates a Buy rating on the shares, and a $5 price target, writing that following unwarranted sales of AMD shares
They are crooks and do not believe their judgement
abusement and raised next Q
You can not go wrong
Means AMD is way undervalued and way oversold
Raymond James Reiterates an Outperform rating, and a $5 price target. 5% q/q sales growth for 4Q offset by a significant console ramp that exceeded even our bullish expectations. CEO Rory Read's vision is offset, we suppose, by big game console momentum and profitability. This effectively allows AMD to de-emphasize the PC market while investing in semi-custom and datacenter projects (SeaMicro and ARM-based CPU solutions). We applaud Mr. Rory's masterful plan and early execution to AMD's transformation, and we believe we are at the early stages of a more stable and profitable AMD." Mosesmann reiterate his 2014 estimates to $5.91 billion and 35 cents a share in net profit.
Buy out is coming
MKM Partners Upgrades AMD (AMD) to Neutral; While 'Verging on Irrelevancy' they See Limited Downside
Apple Says New Mac Pro Desktop Has AMD Firepro Graphics
Last update: 22/10/2013 1:33:54 pm
So they hammered amd stock value
Iam sick and tired to see my investment lose 60% in a market at all time high
Based on i got what i want to drive small investors out of the stock so my hedge funds accumuale stock just like we did to nokia shareholders
lets have a bidding war